Is Marion County, IN a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Marion County is a seller's market


Difference Since February 2022

Since last year, Marion County has remained a Seller's Market.

Key Takeaway

Marion County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Marion County, IN cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in Marion County have sold for 9.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $144K$153.9K
2 $150.2K$169.9K
3 $207.6K$229.9K
4 $279.6K$308.4K
5+ $400.5K$431.9K

Median Sold Price Compared To Nearby Counties

Hancock County
Hendricks County
Hamilton County
Marion County
Johnson County

How many homes are available in Marion County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 3842
2 620651
3 1,4401,449
4 635632
5+ 160165

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

445 Homes Were Sold
Under Asking

146 Homes Were Sold
At Asking

123 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marion County, you may be able to get a good deal. 62.3% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
26 Days52 Days+96.1%

Breakdown of Home Sale Times

315 Homes Were Sold
Under 30 Days

252 Homes Were Sold
In 30 - 90 Days

143 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marion County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Marion County, IN

Marion County, IN has 2,939 homes for sale to choose from. In February 2023 in Marion County, IN there were 1.6% more homes for sale than in January 2023. In February 2023, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $234,986. Real estate listing prices changed between January 2023 and February 2023: the cost of 1 bedroom properties went up by 6.9%, the cost of 2 bedrooms properties went up by 13.2%, prices of 3 bedrooms properties went up by 10.8%, prices of 4 bedrooms properties increased by 10.3%, prices of 5 bedrooms properties increased by 7.8%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 10.5%, 2 bedrooms homes became 5% more available, number of 3 bedrooms homes increased by 0.6%, 4 bedrooms homes became 0.5% less available, the quantity of 5 bedrooms homes went up by 3.1%. While more than 123 listings in Marion County, IN in February 2023 were sold above asking price, there were more than 146 listings sold at asking price, and more than 445 were sold below.

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